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Old 05-16-2008, 08:32 AM
 
32 posts, read 126,500 times
Reputation: 16

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is it common practice to pay all that is due on a rental upon signing lease? the owner is requesting 2 security deposits and 1st month rental. We will move in in July. He wants all the money now, upon signing. Is this standard practice? I was thinking we could pay deposits now and 1st month on July 1st.
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Old 05-18-2008, 07:05 AM
 
40 posts, read 258,342 times
Reputation: 21
Unfortunately, yes. Usually it is a security deposit of either one or two months rent and, a months rent in advance.
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Old 05-20-2008, 01:12 AM
 
Location: Rye Brook
178 posts, read 667,400 times
Reputation: 59
I don't think it would be unfair to put up 2 months now and the first month in July before you move in.

All the best!

Kevin O'Shea
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